FYI: Crude oil rebounded in April, gaining around 25% for the month, after falling more than 50% from its July 2014 highs and posting losses in the first quarter of 2015. Oil’s resurgence sudden resurgence has corresponded with a renewed interest in master limited partnerships (MLPs), the midstream energy companies with flow-through taxation and fat shareholder distributions.
Capitalizing on these emerging trends, the Dreyfus Corporation and The Boston Company Asset Management (TBCAM) have launched the Dreyfus MLP Fund (ticker: DMFIX), an institutional-class MLP mutual fund with a focus on generating total return through yield and capital appreciation.
Regards,
Ted
http://dailyalts.com/dreyfus-launches-longshort-mlp-fund/
